menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics
  4. Exam
    Exam 21: Sizing up the Economy Using Gdp
  5. Question
    In the Circular Flow Diagram, Firms
Solved

In the Circular Flow Diagram, Firms

Question 194

Question 194

Multiple Choice

In the circular flow diagram, firms:


A) buy goods.
B) buy goods
C) buy services.
D) buy services
E) sell resources..
F) sell resources
G) buy resources.
H) buy resources

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q189: (Table: Peanut Butter and Jelly Economy)

Q190: You purchase a new car (produced this

Q191: Consider the data shown in the

Q192: Consider an economy that produces only smartphones

Q193: Consider an economy that produces only smartphones

Q195: Consider the data shown in the

Q196: If Malaysia's GDP is approximately $315 billion,

Q197: Which of the following is a scaled

Q198: Suppose that, in year 1, an economy

Q199: A lumberyard pays workers $600 in wages

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines